** This article is not financial advice and any information contained in this article should not be considered as advice. Seek a professional to discuss your specific circumstances.**
Last year one of the largest online retailers of replacement light bulbs launched their new leasing program.
The program is a convenient purchasing option that helps customers reduce strains on cash flow and free up capital investment funds.
This is the second purchase program that bulb.com introduced last year to make energy efficient LED lighting more accessible to commercial customers.
Robert Kernweis, VP of sales and marketing at bulb.com said: “Bulb.com is committed to providing the most efficient and comprehensive purchase options for our customers, making it easier than ever to switch to energy efficient LED Lighting”.
Featuring national coverage for purchases starting at $5,000 USD, the program offers the following benefits:
- Preservation of cash flow - Most LED lighting change overs in a commercial application provide more savings to offset against the payments resulting in positive cash flow.
- Conservation of capital funds - Leasing does not require the initial capital outlay for equipment and can be used to overcome budget limitations. Existing cash and credit remains liquid for other working capital needs that have higher return metrics.
- Convenience - The lease transactions can be completed in less time than traditional financing alternatives.
- Tax advantages - Leases in the US can be structured on or off balance sheet, as an expense lease payments reduce tax liability
- Improved return on assets ratio - There is often positive effects on return on assets and equity as equipment and project costs are paid for in “cheaper” future dollars.
Once a quotation is provided clients select the most appropriate leasing program suited to their business.
The products are shipped directly.
bulb.com was established in August 1999 and has provided lighting products to over 125,000 commercial customers in 300,000 locations.
If you’re in the US, contact bulb.com
Source for this article is here